Depreciation and Budgetary Control

Learn the cost control cycle and how it fits in to the life cycle of a construction project.

Depreciation and Budgetary Control

  • Duration 2 weeks
  • Weekly study 10 hours

Understand the best ways to execute cost control for a construction project

This online course is designed to help you understand Earned Value Analysis (EVA). It covers the tools and techniques of the work breakdown structure, right through to the successful delivery of regular earned value reports to aid decision-making in construction projects.

The course will assist you to understand how to apply proven methods for preparing estimates, developing and tracking budgets, and use EVA to ensure that the forecast benefits and Return On Investment (ROI) are achieved in construction projects.

What topics will you cover?

  • Managing liquidity
  • Earned Value Analysis, its principles and benefits for a construction project
  • Earned Value Management principles and benefits
  • Earned Value Management system review

What will you achieve?

By the end of the course, you'll be able to...

  • Evaluate how to manage liquidity and working capital
  • Explore the meaning of Earned Value Analysis and its importance in construction
  • Evaluate appraising performance: ratio analysis to appraise profitability, liquidity, efficiency and risk
  • Assess cost, volume and profit techniques in the analysis of construction firms

Who is the course for?

This course is for people seeking a better understanding of cost control cycle, how it fits in the life cycle of a construction project and the best ways to execute cost control for a construction projects.

Who will you learn with?

Dr Andrew Oyen Arewa

Dr Andrew Oyen Arewa

Senior Lecturer Quantity Surveying/Project Management
Course Director BSc (HON) Quantity Surveying/Commercial Management
Faculty of Engineering & Computing Coventry University

Who developed the course?

Coventry University

Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.